🎯 GBPJPY 12th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 191.690

GBPJPY consolidates below resistance at 192.350 and above support at 190.705. Key swing levels at 193.060 (high) and 187.682 (low) frame near-term price action.

Key Levels & Technical Snapshot 📊

🟢 Support Zones

Immediate Support: 190.705 🎯 (Intraday Buy Trigger)

Stronger Support: 189.060

Swing Low (Daily/4H): 187.682

🔴 Resistance Zones

Critical Resistance: 192.350 🎯 (Intraday Sell Trigger)

Upper Resistance: 193.511

Swing High (Daily/4H): 193.060

📈 Technical Indicators

RSI: Neutral (51.2), no divergence detected.

MACD: Bullish crossover near 190.621 pivot zone.

Fibonacci: 190.705 aligns with 38.2% retracement; 192.350 matches 61.8% extension.

Trade Setups 💼

1️⃣ Intraday Buy Trade

Entry: 🎯 190.705

Stop Loss: 🚫 189.060

Take Profit 1: ✅ 190.621

Take Profit 2: ✅ 191.725

Rationale:

190.705 support converges with Fibonacci retracement and swing low at 187.682.

MACD bullish momentum near 190.621 strengthens upside bias.

2️⃣ Intraday Sell Trade

Entry: 🎯 192.350

Stop Loss: 🚫 193.511

Take Profit 1: ✅ 191.725

Take Profit 2: ✅ 190.621

Rationale:

192.350 resistance aligns with Fibonacci extension and swing high at 193.060.

RSI neutrality suggests limited bullish follow-through.

Final Outlook 🔍

GBPJPY’s equilibrium near 191.690 signals consolidation. Intraday trades at 190.705 (buy) and 192.350 (sell) offer strategic entries. Monitor MACD for trend confirmation.

🔔 Critical Watch: A sustained break above 193.511 may trigger bullish reversal, while failure below 189.060 could accelerate downside momentum.